MBS News
Monday
August 23, 2010
Industry headlines from Moira Benigson Executive Search
Retail
New Marks & Spencer Chairman To Get £500,000
Marks & Spencer’s new chairman, tipped to be HMV chair Robert Swannell, could be paid around 40% less than current chairman Sir Stuart Rose, according to reports.
Read more on www.retail-week.com »
Nearly Half Of Woolworths’ Stores Still Empty
Almost two years after Woolworths’ collapse, 40% of the variety group’s stores remain empty, according to reports.
Read more on www.retail-week.com »
Tesco To Open Drive-Thru Supermarket
Tesco will this week launch the UK’s first drive-thru supermarket in Hertfordshire. The trial at Tesco’s existing Baldock Extra store will help shoppers who want their groceries picked and packed but who don’t have the time to wait at home for delivery.
Read more on www.retail-week.com »
Consumer Goods
SABMiller And Asahi Eye Foster's Beer Unit
Drinks giants SABMiller and Asahi Breweries have reportedly expressed interest in Foster's Group's beer business, which is valued at more than $10bn.
Campbell Soup May Buy Biscuit Ops Of United Biscuits
The Campbell Soup Co, the world's largest soup maker, is considering a £1.5bn pound break up bid for the UK's United Biscuits.
Arla To Pump £150m Into Mega-Dairy
Scandinavian food company Arla, has announced that it will pump £150m into a new one billion litre mega-dairy.
Read more on www.thegrocer.co.uk »
Digital And Online
Adidas Goes Online In China
Adidas has launched an online store on China’s Taobao Mall platform, which will be the brand’s only online retail channel in the country. More than 200 products will be available.
Fashion, Lifestyle And Luxury
German Jeweller Sabo Enters Fragrance
German jeweller Thomas Sabo has entered the fragrance world, with the launch of Charm Rose. The scent will initially be available in Germany and Austria.
N Brown Launches Simply Be In America
N Brown has launched its first catalogue in the US as it continues to seek growth in international markets. One million catalogues will be delivered from this week in the lead up to Christmas.
Read more on www.retail-week.com »
Travel And Leisure
L'Occitane To Enter Indian Spa Market
L'Occitane plans to break into the Indian spa market in a tie-up with Devi Resorts. Initial plans are for three spas in Rajasthan, branded Devi Spa by L'Occitane.
Read more on www.leisureopportunities.co.uk »
Ritz-Carlton To Open World's Highest Hotel
The Ritz-Carlton Hotel Company will open the world's highest hotel early next year in Hong Kong.
Read more on www.worldleisurejobs.com »
On The Move
Asda Appoints Sam’s Club Vice President As Chief Merchandising Officer
Asda has appointed Charles Redfield, senior vice president for food and beverage at Walmart-owned Sam’s Club, as its chief merchandising officer. He will take up the position next month.
Read more on www.retail-week.com »
The Weatherman Says...
Being butler to the Queen must surely be easier than parenting young kids. The soundtrack to my life: don't like this one, can't hear the music, I need a wipe, more, yuck, where's my dum, another one, open the window, my turn. Its raining in Devon.